Boeing purchase aerospace component maker KLX for $ $4.25 bi

Boeing reported on Tuesday that will buy the KLX, a distributor of aerospace parts, by $ $63 per share, or about $ $4.25 billion, including about $ $1 billion in net debt. According to Boeing, the cash agreement is conditional on the successful disinvestment and separation of the energy services group of the KLX. The agreement includes the aerospace Solutions Group of the KLX. Agreement Boeing and Embraer company is also in talks with the brazilian Embraer photo: Sergio Castro/associated press "this acquisition is the next step in our growth strategy, with a clear opportunity to increase our business profitably and better serve our customers in a market in services of $ $2.6 trillion in ten years, "said Stan Deal, President and CEO of Boeing Global Services. In a separate release, the KLX is headquartered in Wellington, Florida, announced that plans to dismember your energy services group to the shareholders of the company. The KLX said he expected dismember the unit – which will be called KLX Energy Services Group, or KLXE-debt-free.